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Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

Microsoft in talks to invest $10 bn in ChatGPT owner

Finance

10 January, 2023

Microsoft in talks to invest $10 bn in ChatGPT owner

Microsoft Corp is in talks to invest $10 billion into OpenAI, the owner of ChatGPT, which will value the San ......

Online stockbroker Zerodha's profit surges past Rs 2,000 cr

Finance

09 January, 2023

Online stockbroker Zerodha's profit surges past Rs 2,000 cr

India’s largest stock broking platform Zerodha posted a profit surged past Rs 2,000 crore in FY22, at a time when ......

Samara Capital sells stakes in three portfolio firms

Consumer

09 January, 2023

Samara Capital sells stakes in three portfolio firms

Samara Capital has sold its stakes in medical devices firm Sahajanand Medical Technologies Ltd, staffing firm First ......

Goldman Sachs readies biggest layoff since 2008 financial crisis

Finance

09 January, 2023

Goldman Sachs readies biggest layoff since 2008 financial crisis

Goldman Sachs Group will start cutting thousands of jobs across the firm from Wednesday, two sources familiar with the ......

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Early backers look to sell stakes in Byju's

Finance

10 January, 2023

Early backers look to sell stakes in Byju's

Byju’s early investors, including Lightspeed Investment Partners and Chan Zuckerberg, are seeking buyers for their ......

HDFC Capital raises $376 mn in latest affordable housing fund

Finance

09 January, 2023

HDFC Capital raises $376 mn in latest affordable housing fund

HDFC Capital Advisors Ltd, a wholly-owned unit of HDFC Ltd, has marked the initial close for Scheme 2 of its ......

US private equity acquires taste for drug development

Finance

09 January, 2023

US private equity acquires taste for drug development

North American private equity firms that deemed drug development too risky for their liking in the past are increasingly......

Markets end higher tracking broad gains; Q3 results eyed

Finance

09 January, 2023

Markets end higher tracking broad gains; Q3 results eyed

Shares settled higher on Monday, driven by broad-based gains for risky assets across regions after US data hinted at ......

Paytm sees uptick in transacting users in Dec quarter

Finance

09 January, 2023

Paytm sees uptick in transacting users in Dec quarter

Fintech startup Paytm, operated by One97 Communications Ltd, on Monday said it has witnessed a 32% jump in average ......

Tata Digital's loss widens 5.7x over Rs 3,000 cr

Finance

09 January, 2023

Tata Digital's loss widens 5.7x over Rs 3,000 cr

Tata Digital widened its losses by 5.7x in FY22 on the back of rising expenses, in the first year of ......

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